Paytm Important Update
Following recent regulations from the Reserve Bank of India (RBI), Paytm Payments Bank (PPBL) accounts will undergo some crucial changes affecting how you use and manage your account. Here’s what you need to know:
- Closure Required by March 15th: Ensure you close your account before March 15th due to the RBI restrictions.
- New Deposits & Credit Blocked: You cannot deposit new funds or make credit transactions after March 15th.
- Transfer Funds Before Closure: Transfer any remaining balance to another bank account or Paytm user before initiating closure.
How to Delete Paytm Bank Account?
While Paytm offers convenient financial services, there might come a time when you want to close your Paytm bank account. Whether you’re switching platforms or simply no longer need the account, deleting it is a straightforward process.